FMG 1.75% $17.49 fortescue ltd

FMG Technical Analysis, page-10559

  1. 2,877 Posts.
    lightbulb Created with Sketch. 794
    on what basis are you calling 19 ~ 20 did you just got the number from your base, for it to reach that level FMG needs to have a disaster of the news or Iron ore need to slump below 100, this is just dividend stripping strategy (not your rear ended hearsey), if you have money just play along this is the time when people make money, hard work is being done by the manipulators you just need to trickle buy from here and get into a best position before dividend this will sling shot to 35 once hungry dividend strippers get their tummy full with this....short positions are almost 3 year low this is hardly a short attack (they are not stupid like you) this is just few deep pockets positining themselves for the fat dividend..

    should trade in this channel untill dividend announcement untill then happy accumulating, 24~ was the inflection point when those slew of "so called not so good news were planted day in and day out" now looks like all clear blue sky for FMG, also gap had to fill at 27 ish , accululators saw that and pushed it below 27 taking advantage of weakness in US market, China just got a jolt from Taiwan with the election, so say US, India and Europe worked together to get this results, Dragons growth has been mearly 5 percent they will need to sho who is the boss before trying stunt in Taiwan, my guess they will go after reforms stabalize the economy, stockpile essential metals and go after Taiwan, I am looking at another 2 to 3 years max..

    https://hotcopper.com.au/data/attachments/5889/5889326-32eb1e64136c1ba175548c579473a13a.jpg

    https://hotcopper.com.au/data/attachments/5889/5889332-3b50ef3299437be10f63692ccd7b0b68.jpg



 
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Last
$17.49
Change
0.300(1.75%)
Mkt cap ! $53.85B
Open High Low Value Volume
$17.34 $17.56 $17.13 $141.9M 8.137M

Buyers (Bids)

No. Vol. Price($)
1 286 $17.45
 

Sellers (Offers)

Price($) Vol. No.
$17.49 26714 5
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Last trade - 16.10pm 17/09/2024 (20 minute delay) ?
FMG (ASX) Chart
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